CardinalStone Emerges Stockbroking Firm of the Year at BAFI 2022

By Modupe Gbadeyanka

The quality services rendered by CardinalStone Partners Limited to investors in the stock market have been rewarded win an award at the just-concluded BusinessDay Banks and Other Financial Institutions (BAFI) awards in Lagos.

At the BAFI 2022, the compared emerged as the winner of the Stockbroking Firm of the Year, beating other brokerage organisations to clinch the coveted prize.

At the ceremony attended by several top shots in the financial and investment industries, CardinalStone, known as Nigeria’s leading investment and multi-asset management firm, was also announced as Equities Research Firm of the Year and Mid-Market Investment Bank of the Year.

The BAFI Awards, which was created to recognise and celebrate organizations and executives who have achieved excellence within the financial industry, was held at the Lagos Continental Hotel last weekend.

Reacting to the historic wins, the Group CEO of CardinalStone, Mr Michael Nzewi, said the recognition would further drive the organization to continue to deliver global standard services.

“This award is a win for CardinalStone as a group. It will further drive us to deliver world-class services while preparing us even more, to further provide innovative services to our new and existing clients”, said the elated Group CEO.

“The award also makes us realize that the sector is watching, and we must continue to put in our best in-service delivery while growing and improving in all facets of our organization,” he said.

Mr Nzewi expressed his gratitude to the entire staff of the organization for their dedication and innovative contribution to the growth of the company.

“We are humbled by these awards, and proud to know that we could not have achieved this feat without the support of our phenomenal employees and our loyal clients,” said Nzewi.

The Award is supported by the BusinessDay Research and Intelligence Unit (BRIU) and nominations for the award are the culmination of a rigorous review process.

CardinalStone is licensed by the Securities and Exchange Commission and offers a range of pooled investment products for both individual and institutional investors regardless of their income, risk appetite, and investment goal.